William Blair Investment Management LLC lessened its position in Brink’s Company (The) (NYSE:BCO – Free Report) by 12.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,544,641 shares of the business services provider’s stock after selling 225,226 shares during the period. William Blair Investment Management LLC’s holdings in Brink’s were worth $180,306,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Jackson Creek Investment Advisors LLC acquired a new position in Brink’s in the 3rd quarter worth about $2,332,000. JPMorgan Chase & Co. grew its position in shares of Brink’s by 34.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 206,737 shares of the business services provider’s stock valued at $24,159,000 after buying an additional 52,444 shares during the last quarter. LSV Asset Management grew its position in shares of Brink’s by 16.3% in the 3rd quarter. LSV Asset Management now owns 1,256,385 shares of the business services provider’s stock valued at $146,821,000 after buying an additional 175,773 shares during the last quarter. Barclays PLC grew its position in shares of Brink’s by 78.2% in the 3rd quarter. Barclays PLC now owns 370,700 shares of the business services provider’s stock valued at $43,320,000 after buying an additional 162,677 shares during the last quarter. Finally, Algert Global LLC grew its position in shares of Brink’s by 382.8% in the 3rd quarter. Algert Global LLC now owns 172,880 shares of the business services provider’s stock valued at $20,203,000 after buying an additional 137,069 shares during the last quarter. Institutional investors and hedge funds own 94.96% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have commented on BCO. Wall Street Zen upgraded Brink’s from a “buy” rating to a “strong-buy” rating in a research report on Sunday, March 15th. The Goldman Sachs Group upped their price target on Brink’s from $129.00 to $145.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Truist Financial upped their target price on Brink’s from $138.00 to $163.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Finally, Weiss Ratings lowered Brink’s from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Brink’s currently has an average rating of “Moderate Buy” and an average target price of $154.00.
Brink’s Stock Down 0.1%
Shares of Brink’s stock opened at $104.68 on Friday. Brink’s Company has a one year low of $80.10 and a one year high of $136.37. The company has a debt-to-equity ratio of 9.75, a current ratio of 1.53 and a quick ratio of 1.53. The stock’s 50-day moving average is $105.66 and its 200 day moving average is $115.20. The firm has a market cap of $4.31 billion, a price-to-earnings ratio of 24.46 and a beta of 1.08.
Brink’s (NYSE:BCO – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The business services provider reported $1.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.21. The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.36 billion. Brink’s had a return on equity of 87.38% and a net margin of 3.35%.The company’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.62 earnings per share. Brink’s has set its Q2 2026 guidance at 1.850-2.250 EPS. Equities research analysts anticipate that Brink’s Company will post 9.14 EPS for the current year.
Brink’s Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 18th will be issued a $0.255 dividend. The ex-dividend date is Monday, May 18th. This represents a $1.02 annualized dividend and a yield of 1.0%. Brink’s’s dividend payout ratio is presently 23.83%.
Brink’s Company Profile
The Brink’s Company (NYSE: BCO) is a global leader in secure logistics and cash management solutions. The company provides a comprehensive suite of services that span armored transportation, cash-in-transit (CIT), ATM services, smart safe solutions, and valuables storage. Through its network of service centers and armored vehicles, Brink’s ensures the safe and efficient movement of currency, precious metals, and other high-value assets for banks, retailers, mints, and government agencies.
Brink’s armored transport operations are complemented by technology-driven cash management offerings, including deposit automation and secure vaulting.
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